In the Production Function for New Ideas and Technology in ________,A

question 36

Multiple Choice

In the production function for new ideas and technology in ________,a decrease in the labour force will ________ the growth rate of technological change.

• A) the AK growth models; decrease
• B) the AK growth models; increase
• C) the two-sector growth model; decrease
• D) the two-sector growth model; increase

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Definitions:

Self-Efficacy

An individual's belief in their own capacity to execute behaviors necessary to produce specific performance attainments.

Lay Judgments

Decisions or opinions formed by non-experts based on common sense or personal experiences.

Good Target

An object or goal that is deemed particularly worthwhile, desirable, or suitable for pursuit or attention.

Social Expectancies

Presumptions or anticipations about the behaviors that are deemed acceptable or normal within a social context or group.